Infosys shares fluctuate as analysts adjust targets and board reshuffle announced

On Monday Infosys Ltd. shares opened higher, gapping up from $10.94 to $11.40 and later trading around $11.36 with about 1.5 million shares exchanged. Analysts offered mixed guidance: Wells Fargo set an $11 price objective, JPMorgan cut its target from $16.80 to $12.70, TD Cowen lowered its target to $10, while Stifel raised its to $15. The consensus rating remains a Hold with an average price target of $12.75.

On 13 July 2026 the company announced the retirement of independent director Michael Nelson Gibbs, prompting a re‑organisation of board committees. The same day the stock slipped to ₹1,100, down 0.24% intraday after a prior rally, staying above its 52‑week low but below its high.

Infosys reported FY2026 constant‑currency revenue growth of 3.1%, secured large deals worth $14.9 billion and generated over $1 billion in annualised AI‑related revenue from its Topaz platform. Analysts note AI could threaten lower‑skilled jobs, reflected in a 5‑6% staff reduction in FY2026.